Annual budget (2023–2024)

This budget lists Wikimedia DC's planned revenues and expenses for the 2023–24 fiscal year, which began on October 1, 2023 and will end on September 30, 2024. Figures are estimates.

Summary

Cash flow
	Cash at start of fiscal year
		Unrestricted cash	$?	3-month portion of Movement Strategy Implementation Grant received from the WMF, to research prospects for a North American coalition/hub
		Restricted cash	$?	Includes unspent funds from prior-year grants and grant funds administered under fiscal sponsorship agreements.
		Total cash at start of fiscal year	$108,043	Bank balance, not including small amounts in Paypal, receivables, or payables.
	Cash at end of fiscal year
		Unrestricted cash	$?
		Restricted cash	$?
		Total cash at end of fiscal year	$25,103
Revenue
	Restricted revenue		$0	A detailed list of restricted revenues is provided below.
	Unrestricted revenue		$2,500	A detailed list of unrestricted revenues is provided below.
	Total revenue		$2,500
Expenses
	Program expenses		$78,000	A detailed list of program expenses is provided below.
	Administrative expenses		$4,940	A detailed list of administrative expenses is provided below.
	Total expenses		$82,940

Revenue

Restricted revenue
	Grants	$0	The fiscal 2024 portion of 18-month Wikimedia Community Fund grant from the Wikimedia Foundation was received before the start of the year; see Notes.
	$0
	Contracts	$5,500	From Hacks/Hackers for NSF-sponsored project, the ARTT Guide grant now underway
Total restricted revenue	$5,500
Unrestricted revenue
	Member dues and donations	$2,500	Membership dues and associated donations not exceeding $2,500 per member per year.
	Corporate donations	$0
	Total unrestricted revenue	$2,500
Total revenue		$8,000

Expenses

Program costs
	Institutional partnerships
		Staff and contractors	$75,000	Wages and fringe costs for one full-time staff position, Wikimedia DC's Programs and Partnerships Manager
	Leadership development and support
		Sponsored programs	$3,000	Costs for staff travel and for North American WikiConference/Hub partnership activities
	Total program costs		$78,000
Administrative costs
	Finance
		Accounting software	$890	QuickBooks Online subscription
		Payroll service	$950	Gusto payroll service
		Transaction fees	$150	PayPal and bank wire fees
		Total finance costs	$1,990
	Legal costs		$200	Tax filings and business registrations -- shall we budget more for new accounting/audit services?
	Coworking space		$900	Shared space for occasional editathons and meetings at OpenGovHub, affiliated with WMF's existing membership, starting in December 2023
	Post office box and postage		$250	Rental fees for P.O. Box 9822, Washington, DC 20016
	Technology		$1,600	Hosting and domain name registrations
Total administrative costs			$4,910

Notes

The start-of-fiscal-year bank balances reflect large recent revenues from (1) A large grant received from the WMF covering regular costs for this fiscal year and 3 months before and 3 months afterward; (2) A $25,000 grant received from the WMF for Movement Strategy Implementation for research on how North American WMF affiliates might work together; and (3) an ongoing contract with Hacks/Hackers to work on the ARTT Guide research project.
The annual grant is documented here, and the Movement Strategy Implementation grant here and here. The ARTT Guide project is described here. It is funded largely by a National Science Foundation grant.
It is possible that in the 2023-24 period further revenues, not shown in the plans above, would come from (a) a new Movement Strategy Implementation grant, (b) a new contract from Hacks/Hackers, or (c) a fiscal sponsorship of the annual North American WikiConference grant. If so it may be necessary to hire additional staff.